These "price targets" by AnalystsThese analysts give this a price target of $1.80 or $1.88 (can't remember which at the moment), and others give it a price target of $1.
I've yet to see any price target be met by analysts in stocks. Just because someone pulls a number out of their a$$ doesn't mean the SP will reach that level, correct? Even if that number is based on certain calculations.
I can give this a price target of anything I want, I can say my price target is $2. Does that mean it will reach $2? no..
But suppose the analysts know what they're talking about.. How on earth can they expect this to be at around $1.8+ when it was already there PREVIOUSLY, when the companyt was in a better situation? It's a SUPER SUPER long way up to even $1 from here. How on earth do you expect this to skyrocket like that?